IMO Aston Bay is a leaky ship on Storm MRE. Ofcourse their response would be ‘we don't know’
The share price is undervalued compared to MRE numbers and large volumes of shares are being bought early in preparation for rerate.
Canadian brokers work like this, if they are buying it’s because they have a competitive advantage.
The fact that the buying continues tells me that there is still a disconnect between company valuation (based on MRE) and current shareprice.
Add a dash of retail FOMO to the mix but these volumes are not just retail.
I’ll look into the broker data
IMO Aston Bay is a leaky ship on Storm MRE. Ofcourse their...
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.59M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.3¢ | $29.76K | 261.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1017071 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 113950 | 5 |
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| Last trade - 11.32am 09/09/2024 (20 minute delay) ? |
| AW1 (ASX) Chart |